Overview Portfolio Strategy / Process Performance Team Fees Annual Fund Operating Expenses as of 10/1/2008   Advisory Fees 12b-1 Shareholder Other Total Operating Expenses   Actual Contractual Fee Servicing Fee Expenses Actual Contractual A-Shares 0.45 1.00 0.04 0.25 0.41 1.15 1.70 B-Shares 0.45 1.00 0.75 0.25 0.41 1.86 2.41 C-Shares 0.45 1.00 0.75 0.25 0.41 1.86 2.41 I-Shares 0.45  1.00 0.04 N/A 0.41 0.90 1.45

Quick Stats as of 10/31/2008 Inception 10/31/1988 Ticker AMCIX CUSIP 01748E567 Net Assets $14,379,935 Morningstar Style Mid-Cap Growth Daily Price as of 11/19/08 NAV POP Chg ($) Chg (%) $4.49 $4.49 -$0.27 -6.01% Andy Harding on Bloomberg TV - Thurs., Nov. 20th 11/20/2008 6:40 AM EST Risk/Reward Chart Portfolio Management Hitesh C. Patel, Ph.D. Managing Director, Structured Equity Paul Kleinaitis, CFA Senior Portfolio Manager, Structured Equity Robin C. Roquitte, CFA Senior Portfolio Manager, Structured Equity Chen Chen, Ph.D. Senior Analyst, Structured Equity Downloads Fund Factsheet Prospectus Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown here.

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NOT FDIC INSURED  |  NO BANK GUARANTEE  |  MAY LOSE VALUE

You should consider the investment objectives, risks, charges and expenses of the Allegiant Funds carefully before investing. A prospectus may be downloaded and viewed with this and other information about the Funds or may be obtained by contacting an investment professional or by calling 1-800-622-FUND (3863). Please read it carefully before you invest or send money.

Allegiant Asset Management Company serves as investment adviser to Allegiant Funds for which it receives an investment advisory fee. Shares of Allegiant Funds are distributed by Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia, PA 19406. PFD is not affiliated with Allegiant Asset Management Company and is not a bank. Allegiant is a registered trademark of National City Corporation®.

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